Synel M.L.L. Payway Limited
TTASE:SNEL1,600.00
ILA
0.00
(0.00%)
Synel M.L.L. Payway Limited
TASE:SNEL
(Tel Aviv Stock Exchange)
Recent
price
1,600.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Synel M.L.L Payway Ltd provides software-integrated hardware solutions for workforce management and security systems to organizations in Israel and internationally. The company offers comprehensive workforce management solutions, including time and attendance management systems, job costing, shift scheduling, absence management, and smartphone application solutions; dashboard, reports, and analysis tools; biometric attendance hardware; and security solutions such as access control, visitor management, muster and fire roll, automatic number plate recognition, CCTV, and intercom systems. It also provides biometric time and attendance hardware, biometric access control hardware featuring fingerprint recognition and smartcard devices, as well as training and professional consulting services for payroll controllers and labor law compliance. Synel tailors these offerings for industries including retail, manufacturing, healthcare, education, and hospitality, with operations supported by subsidiaries in the United Kingdom, United States, and other regions. Founded in 1989 and headquartered at 2 Hamada Street, Yokne'am, Israel, the company was formerly known as Synel Industries Ltd before changing its name in November 2012. In August 2025, Accel Solutions Group Ltd agreed to acquire a 69% controlling stake from the Boganem family for ILS 93 million, valuing Synel at ILS 134 million, marking a significant ownership transition while Gavriel Boganem departs the firm.